“92% of the Gas Interconnector Greece-Bulgaria, ICGB, is ready. The interconnector will be ready by the end of June, and will be tested with gas as of July,” Teodora Georgieva, Bulgarian Executive Officer of the company ICGB which is constructing the interconnector said for public service TV BNT.
"The 182-km. long linear part of the pipeline is ready. The pipes have been laid and covered, tests have been conducted. Besides Covid-19, the construction work has also been slowed down by delayed crane deliveries, but they too have now been tested. What remains is the construction of the gas stations in Stara Zagora in Bulgaria and in Komotini in Greece. The construction company is due to pay damages of EUR 90,000 per every day of delay after the beginning of 2022. The pipe’s capacity, which is 3 million cubic metres, and it has already been reserved," Teodora Georgieva said.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
+359 2 9336 661